Store Tracker 8 minutes PremiumWeekly US and UK Store Openings and Closures Tracker 2019, Week 26: Fred’s Set to Close More Stores Coresight Research June 28, 2019 Executive SummaryCoresight Research tracks news about store closures, openings and bankruptcies. Our Weekly US and UK Store Openings and Closures Tracker focuses on department stores and specialty retail stores, including, but not limited to, those selling softlines, hardlines, consumer electronics, groceries and furniture. Click here to view our full collection of Weekly US and UK Store Trackers. In the US, year-to-date announced closures have already exceeded the total we recorded for the full year 2018. Coresight Research estimates announced US store closures could reach 12,000 by the end of 2019. So far this year, US retailers have announced 7,037 store closures and 2,992 store openings. This compares to 5,864 closures and 3,251 openings for the full year 2018. Year to date, UK retailers have announced 325 store closures and 444 store openings. Following Ascena Retail’s June 10 quarterly report which revised its store closure numbers, we updated the Coresight Research estimate for the company’s store closures, which lowered the previously announced total figure for 2019 announced store closures. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: US Store Tracker Extra, March 2024: Family Dollar Closures Push Total Shuttered Space to 30 Million Square FeetAnalyst Corner: The Rise of Grocery Discounters with Sujeet NaikMarket Navigator: US Retail and E-Commerce—Uncovering Opportunities in a Changing LandscapeUS CPG Sales Tracker: In-Store Sales Drive Total CPG Growth Acceleration
